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Home My WebLink About1833 . ~ 3. To pl~ and contin~ously k~p on ~he buildirgs noM~ or MreaftN utu~t~ on s~id I~nd end on ~II equipment ~nd pasonally covN~d by thif ewrp~ ap~, with ~II pt~miw~A thtreon p~~d in full, ti~~ insvranc~ in the uswl i?andard policy fwm. ~jn • sum approwd by tM MORTGAGEE, and wind~tam tnwranc~ in tM vswl sundard pol~cy fam, tn a wm spproved by tM MORiGAGEE, in such companY or comp+^~y a ~ha MORTGAGEE may dinclt ~nd ~11 ii~~ and winditorm ir?iwana po1K~s on any of uid buildin~t, ~ny intenst fha~ein w put Ihtr~of. in IM apyrpat~ swn ~fot~ld ot in ~xuss tMnof. sMll conain the uswl ~undard mort9~k cis~se w s~ otFw~ cl~uu as tM Mortya9e~ may rpuu~. m+kieq th~ bss unda s+id falF ~ cia, ~+ch W+d ~wry, p+Y~bl~ a:~id MORTGAGEE +s iq in~ereit may ~ppHr, +nd each a~+d ~wry such policy ih~ll b~ promptly, ~u:yned u~d delivKtd to any h~ld by s~id MORTGAGEE u further sewrity to iaid ma~~+p~ dsbt, and, not kss tMo ten (10) days In advant~ of IM ~xpiraYan of ~ath polity, ro dr tiwr ro s~W MORTGAGEE • rentw+l thereof, topNl+K with a rcceipt fw IM prsn+ium o~ such renewalj ~nd thtr~ sl+~il b~ no fir~ ot windstam inwrara ~ plaad a+ ~ny of aid buildirgs, ~ny interat thenin a p~N thKwf, unleu in tM fomi +nd wi~h tM loss payabk ss +tw~s+id: u+d i~ th~ ~v~ot ~cy pnn of maMy becan+~s paY+ble u~d~r such poiicy or policies aid MORTGAGEE ih+ll haw tM option ro receiw and ~pply tl+~ sam~ on ~ccovnl 01 ~M ind~bt~ ~ nys Ncy~~d lwrepy or fp pe~mit said MORTGAGORS ro rKeiw and ~f~ it or ~ny part thereof fw othcr purposes, wi~hout ~hareb~ waivinp w impair• i inp ~nY q~ify. IiM or righf ue~det o~ by virtw of this mortps~et ~~d in tM ~vent s~id MORTGAGORS sMll fw sny reason fail to kaep tM s+id pr~mitss w i insvred, or. fail fo delive~ txomptly sny of said policies of insuranu to said MORTGAGEE, or fail promptly to pay fully sny premium therefw w ln any i r~spM f~il w pKfoceh, dixha.~e, ~xetvt~, effact, complet~, oomply with ~nd abid~ by thi~ covenant, w anY Wrt Mreof, said MORTGAGEE may pl~u +nd ~ p~Y fcr tuch iiquranc~ or a~y p~rf thereof withoW w~Ninp or aff~ctinp ~Mr optan, lia?. pvity. w ripht u~dN a by virtw of this Morfpaps, and tht ? full amouet of ~ach and w~ry svch paYn»+~t sMll b~ immadi~tely dw snd p+yabl~ and sh+ll bea~ int~rat fran the dat~ thereoF until paid M tM u~~ of # nin~ p~r ca?wm p~r ~nrwm ~nd togelher with such interes~ shall b~ securod by tM litn of ~his mort~ape. 1. To pKmit, aomn+it or sufier no wut~, knp~irment w deterior+ta~ of s~id property o~ a~y put tl?ereof. S. To pay all ~nd sinpular tM.costs, charpes ~nd eXpenses, i~cludinp s re+son~ble ~ttaney's fee and cosrs of abstracts of titl~, incuned o? paid a~ ~ny time by ~aid MORTGAGEE, b~caus~ or in the svent of ~he fa~lure on the p+rt of tM »id NIORTGAGOR ro dvty, promptly ~nd fvlly perform, diuMrg~, sxecute. ~ffed. oompl~t~, oanply wi~h and abid~ by ~ach and every the stipvlations, agreements, conditions. and ooven+nn of said promissory nots snd thi~ mortpaye u+y o? ti~har. ~~d said cosn, chupes ~nd expe~ses, each and every, sMtl b~ immediatety due and p~yabk; whether a not there b~ notice ds~ m~rwl, anempt to colkct or wit pN+ding; and the fvll smouM of each and wery svch p~ym~nt ~hstl bea. imeresf fran the d~t~ thereof unril p~id the rate of nine per centum pa annum; snd all ~id cdstt, char9es and expenses incvrred w paid. Iogethe~ with such interest, sl»II b~ secured by th~ liso of tha e, iM1 js) in the event of ai?y breach of this Mortgage w default on the paA of ths MORTGAGOR, p(b) in the ~vent any of said sumt of nwMy henin r~ferred to be not promptly and fulty psid within thirry (30) daya next ~ftcr the same seve~alty become d~e +nd payable, without demand w noY~ce. # or (cJ in the ewqt each and every the stip~rlstions, sg~eeme~ts. conditions s~d coven~nn of ss~d promissory ~ote and th~s mwtpsye any or either ue no1 ~uty, pranpNy and fully pe~formed, d~schuped, executed, effected, completed, complied w7th and ab~dcd Sy, then in either or anY such ~wnt ~M aid p~ pregats w+n mN+tioned in said promiuory oote then remaining u~paid, with interest xuued, and all moneys secured hereby. st~ll becane dw and pay~ , •bk fathwith„ or there~fte~, at the option of said MORTGAGEE, as fully and completely as if al) of the said wms of money were a~inally atipulated to be paid on such day, anythirg in said promissory note or in this Mortgage to the tontrary ratwithst~nding; a~d Ihereupon w thereaite~ at the option of said MORTGAGEE, without notics o~ demsnd, svit at law w in equity, there(we or thereafte? kiegun, may be proxcuted u if aH mo~eys secured hereby • had matured prio~ to ib instiwtion. 7. That in tha avent that at the bcginning of or ~t any time pending soy wit upon this Mwtgsge, or ro faecbse it, a to reform it, w to ~nfwc~ payment of any clsims t+ereunder, said MORTGAGEE shall apply to the Court F?aving jurisdia~on thereof for the sppo~ntment of ~ Receiver, such Covr~ sh~li fortliwith sppoint a receiver of said mo~tgsged property all and singvla?, includ~ng all and singvlar tFa incQme, p~rofits, issues ~nd revenues from wMteve? w~rce derived, eath ~nd every of which, it being expressly understood, is hereby mortgaged as if spetific+lly sct fwth and dewibed in ths ~rantiog and hsbendvm tlavses hereof, ar+d auch Receiver shall have all the broad and effettive funct~ons and powers in +nywise entrusted by ~ Courf to a Receiver, +nd suth sppoinrment shall be made by wch Covrt as an admi»ed equiry and a mslter of absolute righl to sai~ MORTGACsEE. and without reference ro tM adequacp a inadeqwcy of the v~lw of the prbperty mortgaged or to the solvency or insolvency_ of said MORiC'aAGOR o. the defe~,dann, and that tuch rents, profib, income, iuues srd revenves shall be applied by such Receive? accwdirg to the ~ien or equity of said MORTGAGEE and the prattic~ of such Cowt. 8. To duly, promptty and fully pcrfwm, discha?ga, e:ecute, effect, complete, comply with ~nd abide by e+ch and every the stipulations, agreemenn, conditions u~d covensnts in said promissary note and this mortgsge set fwth. 9. That ir? the eveM the ownenhip of the rtartg+ged prcmises, or any paH thereof, becomes vested in a person other thsn the MORTGAGOR, tl» MORTGAGEE, ib wctessors +nd suigns, m+y, without notice to the MORTGAOR, deal with such wcceuw a successor in interest with reference to this mwtyage and the deb~ hereby secured in the same manner as with Mwtgagor wlthow in a~y way v~fiating a discharging the Mortgagors' liabiliry here- under or ~pon tAe debt her~by secured. No'sak of the premiscs Aereby mortgs9ed and no fwbe~rence on ~he pan of the MORTCaNGEE w iti uxcKSOn or assigns u~d no extension of the time fw the paymem of the c~ebt hereby secured given by the MORTGAGEE or ih succeswn w, assiyns, shall operate ro rekas~, dixharye, modify change a affect the original liab~lity ,of the MORiGAGOR herein, either in whole or in p~rt. , 10. It h spetifically agreed thst time ia of the essence of this contract and thst no w~iver of sny obligstion hereunder or of the obtipstion se a,red hereby sMll ~t any time thereafter be held to be ~ waiver of the terms hereof w of the instrument secured herby. In add~tion to the forepo:ng monthly paymenta of print'pD! and interest required' by the prom'~ssOry note ~sxured erEby, mortga9or coven~nts and agrees to to mortgsgee with each momhly payment an additional sum estimated by mortgagee to be equsl to 1 the an~ual cost of the foflow- in9: A-All' real property taxei a:sessed against the sbove described resl estate: ~ ~ - B-Ptemiums on fire and windstorm insuran in requ~red to be car ' the improveme~ts situste on tF~e above desaibed premises. C-Premivms on such mwtgsge gwnnty iruurance ss mwt to time deem fit to csrry oe~ tl~e foan secured-hereby: ' 1No?tgsgee shall from time to time gager i~ writing of the amount due a p such svT shall thereupon be due and ~ pay~ble on the due date monthly payment and each successive month thereafter urtil morfgagee shall poti y ' such I I amarnt. al) be ~pplied by mortgsgee toward the payment of real property faxes, - insurance prem:vms, snd matgsge gvaranty ~insunnu ~ p ms. € IN WITNESS EOf, th~ wid AhORTGAGOR hss hereunto xt his har?d and seal the day and year first afor ~ ~ ~ ~ ~ I~~/~,.~ of: ~ ~ I~ ~ • ~l 4 .q n ~ - s~~~ STATE Of FLORIDA . COUNTY OF $t • L11C16 ~ , , ~ ~f~ ~ ii ~ M. M. Richardson { w~~ r PPeared and ~ .j. Richaucdson his wife, to me well known and krwwn to me to be the individwls de~cribed in and who executed the foregoing instrument, and acknowtedged before me that they executed the same fw the purposa r~,~;~, .x~.~. ~ ff,. ,,;a Emma J. Richardson ,K~{~ o} t~ M. M. Riehardson , upon a separate and privet~ exuninatarr by me tsken uparate •nd spart from her ssid husband, atknowledged lo and befwe me that ihe exewted said ir?itrument freely and volw?~ ' rarily uid witf?out ~rqr compvlsion, corut~ai~t, appre~ iwn, r fear of or from f~er said husband. . s WITNESS my hand and official seal t~: ~ day of A=il A. D. 19 68 ~ ~ Notary Public in u+d fw the State of Flwida ~t lsrye ~ ReturA Ta. My Commiuan eapires: ~p " 7~ Fint Federal Savings 3 loan Association • • • = 3 Of Fwt P~erce. NOTAtr ?Y9LIC~ :TATE OF F1AW~''`~, I~~~''•,, ~ Fort Pierce, florida F~LEO AND R MY COMMISSION EXPIRES Ofii`. ~'~1~~8i..; :y,~, '~y~ ECOROEpOND[D 1MROUOM iRCO W. O.~~l~tii* V~!~ j i . ' E COUFJTY FLA, = z;.' ~~'c; ~ This instrument prepared by , r 1 ~ ~ . ~ ~ - - ~ = ~ ~ ~ ~ First Federal Sav. & Loan Assn. , -~6~~13 ~ . ~ ` ~ F ; _ ; ~ ot Fo erce. 68 APR 2 9 q~ • 7 a" s- LC~' ~ • 3 - ~ ~ . - _ . By f ;=017R•g , • • . • CL£RK CIRCUIT COURT ~ ~ _ , SQOK ~ l ~ ~~f ~ n . . . ~ ~ ~ , _ - - ~x~;.~.. - ~ ~ ..v., z ~ i ~ :